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Jack
I am back from my wedding adventure and would like to fire up the
gartley/butterfly discussion we had going.
http://www.intelligentspeculator.com/pub/2000-11/NasCompGartley.gif
This is a real quality set up in both price and time.
I am also watching SBUX.
SBUX: butterfly top formed/forming. Holding off for a pop over 50 to get
short it. I do not have a SBUX butterfly chart posted anywhere yet.
Key dates: 3.31.00 is X, 5.22.00 A, 8.10.00 B (this one is a little
stretch), 8.29.00 C, and 11.20.00 D
Magnets on SBUX: http://www.geocities.com/magnatizer/SBUXmags.gif (as of
11.20.00)
In addition to the butterfly top SBUX also has stiff magnet overhead at
51.62. I am looking to short above 50 with a stop of close over 51.62. I
may miss getting short SBUX because of this but I prefer being picky on
entries.
ht
Magnatizer
http://www.geocities.com/magnatizer
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